This topic contains a solution. Click here to go to the answer

Author Question: Balance SheetMolson Coors Inc.Years 1 & 2 ($000s)Year 1Year 2Cash & Marketable ... (Read 22 times)

Ebrown

  • Hero Member
  • *****
  • Posts: 567
Balance Sheet
Molson Coors Inc.
Years 1 & 2 ($000s)
Year 1Year 2
Cash & Marketable Securities309,70559,167
Accounts Receivable108,732705,426
Inventories138,577215,159
Other Current Assets49,51574,144
Total Current Assets606,5291,053,896
PP&E, Net869,7101,380,239
Intangibles86,2891,256,145
Other Assets177,164607,131
Total Assets1,739,6924,297,411
Accounts Payable222,493334,647
Other current liabilities210,052669,195
Short-term Debt85,000144,049
Total Current Liabilities517,5451,147,891
Long-term debt20,0001,383,392
Other long-term liabilities250,835784,277
Total liabilities788,3803,315,560
Capital Stock8,92228,334
Retained earnings954,9811,086,965
Adjustments-12,591-133,448
Total shareholders' equity951,312981,851
Total Liabilities & Equity1,739,6924,297,411


Income Statement
Molson Coors Inc.
Years 1 & 2 ($000s)
Year 1Year 2
Revenues2,429,4623,776,322
COGS1,537,6232,414,530
Depreciation121,091230,299
SG&A619,143833,208
EBIT151,605298,285
Interest Expense-14,40349,732
Other income32,0058,047
Pre-Tax Income198,013256,600
Income Tax75,04994,947
Net Income122,964161,653
Shares outstanding36,90236,140
Earnings per share$3.33$4.47
Dividends per common share$0.80$0.82

Referring to the Molson Coors financial statements, what asset was the main reason for the decline in Total Asset Turnover between Year 1 and Year 2?
◦ Property Plant and Equipment
◦ Cash and Marketable Securities
◦ Inventory
◦ Intangibles
◦ Accounts Receivable


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Ebrown on Apr 25, 2021

cpetit11

  • Sr. Member
  • ****
  • Posts: 321
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 32% of students answer this correctly




Ebrown

  • Member
  • Posts: 567
Reply 2 on: Apr 25, 2021
Gracias!


kjohnson

  • Member
  • Posts: 330
Reply 3 on: Yesterday
Excellent

 

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

For a complete list of videos, visit our video library